yes...volume on those is either bad or non-existent. out of the above, feeder cattle have the best chance of swaying me to the screen, but go pull up the screen quotes for lumber. VERY wide B/A. I actually have used the screen before, only as an arb though, and only once, on one contract. As far as options go, not only is the volume and B/A spread better in the pit, but my broker has me hooked in with a REALLY good guy in the pits (especially in soy complex options). I have often gotten price improvement on options spread orders (vertical spreads etc), and I like that!
looks like Lean Hogs are building up steam - after some whipsaws - A decisive break of 63.050 is key in the next 2 trading days
Hogs Defy Commodity Bust as Herd Cuts Spur Jump to 13-Year High http://www.bloomberg.com/apps/news?pid=20601087&sid=aq7lkN0SRW9Y&refer=home
I caught it, have been in the Feb hogs since Tuesday, but was spreading them against the cattle....so..I didn't catch the whole move I guess....but did exit the cattle on the open in the pits after I saw what the electronic had done, so caught more than some.
ouch man I am sorry, I was playing the feb un spread earlier in week. I didnt catch any outrights but it beats nuthin i suppose!